The European Space Agency announced on its official website on the 16th that the European Union will develop the IRIS2 communication satellite system to enhance the autonomy and security of the European Union in the communication network. The IRIS2 system is the third flagship satellite program of the European Union after the Earth observation system 'Copernicus' and the Galileo satellite navigation system. The European Commission has signed a 12-year franchise contract worth 10.6 billion euros with the system's design and operation entity, SpaceRISE Consortium, in which the European Commission contributes 6 billion euros, the European Space Agency contributes 550 million euros, and the private sector contributes over 4 billion euros. It is reported that the IRIS2 system consists of 290 satellites, including 272 in low Earth orbit and 18 in medium Earth orbit, and is equipped with related ground facilities, forming an autonomous and multitasking satellite constellation, which is expected to start providing services in early 2030.